Business news from Ukraine

Business news from Ukraine

AgriAcademy at New Food Summit 2025: education that brings together Ukrainian agri-food leaders

On October 22-23, 2025, Kyiv hosted the main event for Ukrainian agri-food business leaders — New Food Summit 2025, which traditionally brings together hundreds of innovators, producers, investors, and experts from across the entire “farm-to-table” chain. This year, the summit became a real platform for demonstrating breakthrough solutions in the field of food technology, where the key topic was the transformation of the agri-food industry through knowledge, innovation, and cooperation.

Education as a driver of progress: AgriAcademy among the summit participants

The educational platform AgriAcademy.org attracted particular attention. It is a free online learning platform created on the initiative of the EBRD as part of its food security support program in Ukraine. Its goal is to strengthen the competitiveness and sustainable development of agriculture, which has suffered significant losses due to the war.

The platform’s creation and management (including course development, training tours, etc.) is supported and funded by the EBRD, as well as:

  • The EBRD’s Multilateral Donor Account for Stabilisation and Sustainable Growth in Ukraine (donors: Denmark, Finland, France, Germany, Italy, Japan, the Netherlands, Norway, Poland, Sweden, Switzerland, the United Kingdom, the United States and the European Union as the largest donor);
  • The Republic of Ireland through the EBRD Small Business Promotion Fund (other donors to the fund: Italy, Japan, South Korea, Luxembourg, Norway, Sweden, Switzerland, Taipei China, and the United States);
  • The Food and Agriculture Organization of the United Nations (FAO).

Representatives of the platform took part in the event, talked to summit participants, presented training opportunities and new courses, and shared their vision of how education is becoming a key component of the development of the Ukrainian agricultural sector.

Videos of leading Ukrainian companies and organizations, including AgriAcademy, were shown on screens in the conference areas, which sparked lively interest among participants. Many specialists in the agricultural and food sectors learned about the platform for the first time, which already offers more than three dozen certified courses in Ukrainian, created in collaboration with universities, companies, and industry associations.

AgriAcademy – the platform of the future of agricultural education

The initiative aims to strengthen the competitiveness of Ukrainian agribusiness and provide access to practical knowledge and modern technologies for farmers, students, teachers, advisors, and managers of agricultural companies. The platform covers topics ranging from production and processing to sustainable development, climate adaptation, precision farming, and innovations in animal husbandry.

“Today, education is the best investment in the sustainability and recovery of the Ukrainian agricultural sector. Our task is to make knowledge accessible to everyone who produces food,” said AgriAcademy representatives during informal discussions at the summit.

Breakthrough products as a result of knowledge and innovation

The New Food Summit culminated in the presentation of the “Breakthrough Product of the Year” awards, which were given to the most innovative Ukrainian developments in the field of “food of the future.” This year, the jury recognized:

  • Flakes from Enzym Group – natural food yeast flakes with a cheese and nut flavor;
  • Elekta from KR Ingredients – the first Ukrainian electrolyte drink in sachet format;
  • Freeze-dried ice cream “Panfruit Ukraine” – a freeze-dried dessert that does not require freezing;
  • Freeze-dried vegetables NAMMI – the only vegetable snack in Ukraine created using innovative freeze-drying technology.

These examples show how the combination of technology, entrepreneurship, and education is shaping the new face of Ukrainian food.

The AgriAcademy online platform has already become a space that brings together producers, scientists, experts, and students around a common goal: to create sustainable, innovative, and competitive agricultural production. The platform’s participation in the New Food Summit confirmed its role as a catalyst for knowledge and partnership among all participants in the agri-food ecosystem.

Want to develop your agribusiness and get professional certified education for free?

Register for courses at AgriAcademy.org and learn from the best!

 

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Optima-Pharm’s warehouses destroyed in Kyiv, losses close to $100 million

Due to the Russian attack on Kyiv on October 25, the warehouse and office of Ukraine’s second-largest pharmaceutical distributor, Optima-Pharm, were destroyed, according to Ekonomicheskaya Pravda.

According to a source in the pharmaceutical market, the company’s warehouse was “completely destroyed.” It served the central regions of the country. The losses resulting from the attack are close to $100 million.

According to open sources, the Optima-Pharm warehouse covers an area of 29,000 square meters.

Optima-Pharm is the second-largest pharmaceutical distributor after BaDM. The company has been operating in the Ukrainian market for 31 years. The owner of the company is Andriy Hubsky, who does not engage in public activities. According to Forbes Ukraine, his business, with a 33% share and 12 pharmacy warehouses with a total area of 70,000 square meters, remains one of the largest in the pharmaceutical market.

https://interfax.com.ua/

 

Analysis of best cryptocurrencies from Fixygen

The cryptocurrency market showed signs of cautious recovery between October 20 and 25, 2025, after sharp fluctuations at the beginning of the month. According to CoinDesk, Binance, and CryptoRank, against the backdrop of macroeconomic stabilization, leading crypto assets showed moderate growth but remained highly volatile.

Bitcoin strengthened by about 2-3% over the week, rising above the $110,000 mark again. Experts note that maintaining this level could be a key signal of a recovery in investor confidence. Ethereum also rose 2-3% and consolidated above $4,000, reflecting continued interest in smart contract ecosystems and decentralized applications.

Among altcoins, XRP stood out, gaining about 5% and becoming one of the growth leaders in the top ten of the market. Solana and Binance Coin (BNB) showed minimal changes — from zero to one percent — remaining stable but without noticeable momentum. Cardano rose about 2%, continuing to develop its own ecosystem. Dogecoin gained about 3% amid renewed interest from retail investors.

Chainlink and the HYPE token grew the most during the week, by 10–14% and 30–40%, respectively. Analysts attribute this to increased interest in infrastructure projects and niche solutions that can offer new technologies for interaction in the blockchain environment. Avalanche ended the week with a slight increase of about 2%.

According to experts, the main factor of the week was the gradual return of liquidity to the market. Despite the high outflow of funds from cryptocurrency ETFs, investors began to cautiously build up positions in large assets. Increased expectations of a softening of US Federal Reserve policy and a slowdown in the growth of government bond yields provided additional stimulus for the market.

At the same time, the regulatory environment remains tense: the Financial Stability Board (FSB) reiterated the need to unify the rules for trading cryptocurrencies in different countries. This caused a temporary decline in interest in risky assets, but by the end of the week, the market had partially recovered.

Among the key trends, analysts note the continued dominance of Bitcoin, which accounts for more than 58% of market capitalization. At the same time, a moderate increase in interest in certain altcoins may signal the beginning of a phase of capital rotation and a gradual shift in focus towards technology projects.

Overall, the week ended on a positive note for the market, with the total capitalization of cryptocurrencies remaining close to $3.8 trillion. Experts warn that new correction waves are possible amid continuing uncertainty and weak liquidity, but the fundamentals of market leaders remain stable.

Source: https://www.fixygen.ua/news/20251026/analysis-of-best-cryptocurrencies-from-fixygen.html

 

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Why is there such difference between “politeness” in English and its perception in Ukrainian?

When we communicate in English, we often use buffer phrases, many conventions, polite requests, and “soft” constructions, which are perceived as courtesy and friendliness in the English-speaking world. But Ukrainian communication culture is different: here, sincerity, directness, tone, and quality of interaction are more valued than simply formal “politeness” for the sake of politeness. For example, it is said that Ukrainians use the formal “Ви” in formal relationships and refrain from an overly friendly tone, as it may seem insincere. Cultural Atlas+2speakua.com+2

Thus, a phrase that in an English-speaking context means “I am friendly, polite, and ready to cooperate” may sound like “you are not serious,” “I am not in the mood for deep communication,” or even “I am looking down on you” in a Ukrainian context. It is these “cross-cultural pitfalls” that we want to explore today.

The main mechanisms of misperception

Before moving on to specific phrases, here are a few explanations of why this happens:

  1. Excessive politeness as distance. In English-speaking contexts, especially North American or British ones, “I hope you’re doing well,” “If you wouldn’t mind…,” “Would it be possible…?” are standard. But in Ukrainian, they sound like “you want to stress me out,” “I’m not really in the mood,” or “this is formal, not serious.”
  2. Soft requests ≠ clear actions. Phrases such as “Could you maybe…?” or “If it’s not too much trouble…” are known as polite in English. In Ukrainian, they can be perceived as unwillingness or an excuse. (This is a common pattern in intercultural communication.)
  3. Intonation, tone, context. Ukrainian “polite” often means: clear, without unnecessary embellishment, with a sense of business. If the English style has too many ‘circumlocutions’ (“I’m sure you’re busy, but…”), then in Ukrainian it can be perceived as a stilted, distant, even condescending tone.
  4. Expectations of directness. In many Ukrainian interactions, it is appreciated when people say simply: “this is a problem,” “let’s do this,” “we need to solve this.” If, on the other hand, a whole series of conventions is spoken, the thought may arise: “what does he/she really want?” or “is this serious?”

So, now let’s get down to practice: let’s look at specific English phrases, their literal/typical translation/use, and how they can be understood in Ukrainian (often not as the English speaker expects).

Practical examples of phrases and how to adapt them

Example 1

English: “I hope you’re well.”

What the English speaker means: “I hope everything is okay with you.”

How it sounds in Ukrainian: “I hope you are feeling well.”

Why it can be tricky: In the context of a worksheet, it can be interpreted as: “I’m not sure if you’re here,” “I’m not needed here.” In Ukrainian, it is more common to say, “I hope you are well,” which sounds normal, but if it is used as an introductory phrase before a serious request, it may seem distant due to its formality.

How to adapt: “Good afternoon, [Name]” — short, clear, and to the point.

Case 2

In English: “Would you mind…” (“Would you mind sending the report by Friday?”)

What the English speaker means: to politely ask someone to perform an action.

How it sounds in Ukrainian literally: “Would you mind if…?”

Why it may be perceived as harsh: This construction is rarely used in Ukrainian, and when it is used, it often has the subtext “I don’t really want to, but I have to.” In other words, “Would you mind…?” can be perceived as “I think you might not want to, but we have to.”

How to adapt: Better: “Could you send the report by Friday?” or “Please send the report by Friday.”

Case 3

In English: “Just to check…” (“Just to check if you received my previous email.”)

What it means: a polite reminder.

How it sounds in Ukrainian: “Just checking if you received…”

Why it’s a trap: “Just checking” can sound like “I doubt you received it” or “I don’t believe you did it.” When communicating with adult Ukrainians, it is better to avoid the word “just” as a minimizer.

Adaptation: “I wanted to know if you received my previous message.” — clearly, without diminutives.

Case 4

In English: “If possible…” (“If possible, could you join the meeting at 3 pm?”)

What it means: necessity + willingness to accept “no.”

How it sounds in Ukrainian: “If possible, could you join…”

Why it can cause misunderstanding: The Ukrainian “if possible” is often perceived as “most likely impossible, don’t bother.” Instead of “if convenient,” it is better to say “please.”

Adaptation: “We invite you to join the meeting at 3 pm.” If ‘no’ is a real possibility, then: “If it’s convenient for you, please join us at 3 pm.”

Case 5

In English: “We’ll keep you posted.”

What it means: “We will keep you informed.”

How it sounds in Ukrainian: “We will inform you.”

Why it’s a trap: “We will inform you” often sounds like “you are passive, we decide.” In Ukrainian business interactions, it is better to emphasize commonality: “We will provide you with updates” or “We will inform you about the next steps.”

Adaptation: “We will inform you about the next steps immediately after approval.”

Case 6

In English: “Like I said before…”

What it means: a reminder of what has already been said.

How it sounds in Ukrainian: “As I said before…”

Why it can sound harsh: In Ukrainian, this phrase can be perceived as “you weren’t listening” or “I’m repeating myself because you forgot.” And that can cause tension.

Adaptation: “As discussed earlier…”

Why you should avoid “literal translation”

Translating English phrases into Ukrainian literally is like transferring the styles of one culture to another without adaptation. But communication cultures are different: what works in one environment may create distance, misunderstanding, or even offense in another.

● The Ukrainian style of communication is more direct, less subtly “circumventing,” but that does not mean “rude.”

● A large number of conventions or buffer expressions can create the impression that we are speaking insincerely or even formally and coldly.

● In a business or educational context with an adult audience, the following are often valued: clarity, transparency, strength of argument, not “softness.”

Additional tips: how to avoid pitfalls

Do not overuse “substitute” phrases. For example: “Just checking in” is fine in an informal letter, but in a formal Ukrainian context it can create an impression of unprofessionalism.

Check whether the request is perceived as a request and not as a plea for an exception. If you use “If possible,” think about whether it is really possible or whether it sounds like “unfortunately, probably not.”

Use clear verbs. For example: “Send,” “Discuss,” “Program.” Avoid overly soft constructions if you want action.

Teach your audience to analyze cultural signals. For example, when an English speaker says “that’s interesting,” it often means “I doubt it.” Similarly, if a Ukrainian interlocutor says “that’s interesting,” it is not necessarily a compliment.

Encourage directness with respect. In Ukrainian culture, being direct does not mean being rude — it means being clear. Learn to express yourself respectfully but clearly.

Conclusion

Intercultural communication is not just about knowing words or grammar, it is about understanding context, culture, and expectations. When we speak English “politely” and transfer the same model to Ukrainian, we risk not only being “formally polite,” but also creating a sense of distance, uncertainty, or even inappropriate seriousness. But this is not a tragedy — it is an opportunity to learn to adapt. You can learn this in the course “Ukrainian for Foreigners.”

 

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Catherine Connolly wins Irish presidential election

Catherine Connolly, an independent candidate, won a landslide victory in the Irish presidential election, Reuters reported on Saturday.
Connolly, who was backed by left-wing opposition parties, received more than 64.7% of the vote.
Heather Humphreys of the centrist Fine Gael party came in second with 28.2%.
Connolly, a 68-year-old lawmaker from Galway, built her campaign around messages of “peace,” “unity,” and “neutrality.” She comes from the far left of the Irish political spectrum and was supported by Sinn Féin, the Labour Party, the Social Democrats, and other left-wing parties.
Connelly has been highly critical of the United States and the European Union, even though Ireland is largely supportive of the EU. She has expressed her disagreement with the increase in military spending in the EU since the start of the war in Ukraine. Connelly has also criticized the US, the UK, and France for their role in the war in Gaza.
“The Irish president is largely a figurehead who rarely uses her powers to review the constitutionality of legislation, but often speaks on the world stage and invites other heads of state to the country,” Reuters notes.

 

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Eurotrack and new routes boost Ukrzaliznytsia’s international passenger traffic

Based on the results of 2025, JSC Ukrzaliznytsia expects international passenger traffic to grow by 11% compared to 2024 – to 3 million passengers from 2.7 million, said Oleg Golovashchenko, director of the Passenger Company branch Oleg Golovashchenko, director of the Passenger Company branch of JSC Ukrzaliznytsia, at the VII International Conference “Production, Operation, and Repair of Rolling Stock” on Thursday.

According to his data, 1.8 million passengers were transported in January-September 2025. In pre-war 2021, the figure for international passenger traffic was 147,000, and in 2023, it was 2.3 million passengers.
As previously reported, Ukrzaliznytsia launched a daily train on the Kyiv-Bucharest route on October 10. In September 2025, the first section of the European gauge railway between Chop and Uzhhorod was opened in Zakarpattia.

At that time, the chairman of the board of JSC Ukrzaliznytsia, Oleksandr Pertsovskyi, noted that this project is an important stage in the development of the European railway network in Ukraine. According to him, in 2026, it is planned to electrify this section and start the construction of a European gauge railway in the direction of Lviv, which should be completed within two to three years.

In addition, during the Kyiv International Economic Forum (KIEF) in mid-October, Oleg Yakovenko, director of the strategy and transformation department of Ukrzaliznytsia, announced that the company, with European and state co-financing, plans to implement the Mostytska-Sknyliv project in the next two years and further develop the Lviv-Uzhhorod-Chop and Lviv-Chernivtsi-Vadul-Siret (Romania) corridors, which will allow Ukraine to begin restoring and realizing its unique geographical status.

Overall, the monopoly railway operator JSC Ukrzaliznytsia increased passenger traffic by 1.2% in the first half of 2025, to 13.52 million, which is 23% more than in January-June 2024.

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